Our View of the Times – January 15

On January 15, 2014, in Latest News, by The Somerville Times

powderhouse_viewThe surprise spike in commercial property tax bills, in some cases increasing anywhere from 50 to over 100 percent, is less likely to have a trickle-down effect on businesses and their customers and could be more like the economic equivalent of standing at the base of Niagara Falls as property owners pass on the increase that probably seemed like a joke – a cruel one at that – when they opened their bill from the city.

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